World Bank2013-09-052013-09-052004-06-30https://hdl.handle.net/10986/15688The new Government of Mauritius drafted the New Economic Agenda (NEA), a five-year reform framework to develop Mauritius into a high-income, high-tech service and knowledge economy. First, the Agenda focuses on improving the environment for the private sector, particularly given the existing challenges to Mauritius' traditional export markets. Second, the Agenda outlines heavy investments in the social sectors in order to improve skills of the working population, better meet the needs of an aging population, and more effectively help the most marginalized in society. Third, the NEA emphasizes steps to alleviate the multiple pressures on Mauritius' fragile environment, stemming from the hotel and textile industry but also from deficient sewerage in private housing. In the Agenda, the Government commits to reducing the overall fiscal deficit to about 3 percent of GDP by the end of its mandate in 2005/6. Further, the program outlines measures to improve budget management by prioritizing expenditures to meet NEA objectives and to gradually eliminate quasi-fiscal activities. The government is committed to undertake the proposed transformation of its public expenditures without endangering the stability of the public sector and the economy.en-USCC BY 3.0 IGOAGRICULTUREALLOCATION OF RESOURCESBANK OF MAURITIUSBENCHMARKSBUDGET MANAGEMENTCAPITAL EXPENDITURESCENTRAL BANKCENTRAL GOVERNMENTCITIZENSCIVIL SERVICECOMPETITIVENESSCURRENT EXPENDITURESDEBT MANAGEMENTDEBT SERVICEDECISION-MAKINGDEFICITSDEVELOPMENT POLICIESDEVELOPMENT STRATEGYECONOMIC DEVELOPMENTECONOMIC GROWTHELECTRICITYEXCHANGE RATEEXPENDITUREEXPENDITURE MANAGEMENTEXPENDITURE REFORMEXPENDITURESEXPORTSFINANCIAL SECTORFINANCIAL SERVICESFISCALFISCAL DEFICITFISCAL DEFICITSFISCAL PRESSUREFISCAL SUSTAINABILITYFISCAL YEARFREE TRADEGDPGLOBAL INTERESTGOVERNMENT DEBTGOVERNMENT EXPENDITURESGOVERNMENT LEVELGOVERNMENT POLICIESGROWTH RATEHOUSINGHOUSING SUBSIDIESINCOMEINCOME GROUPSINDUSTRIALIZATIONINSTITUTIONAL FRAMEWORKINTEREST RATESINTERNATIONAL ENVIRONMENTLABOR FORCELIQUIDITYLOAN GUARANTEESMACROECONOMIC STABILITYPARASTATAL SECTORPARASTATALSPENSIONSPER CAPITA INCOMEPRICE CONTROLSPRIVATE SECTORPRODUCERSPROFITABILITYPUBLIC DEBTPUBLIC ENTERPRISESPUBLIC EXPENDITUREPUBLIC EXPENDITURE REFORMPUBLIC EXPENDITURESPUBLIC FINANCEPUBLIC MANAGEMENTPUBLIC PRIVATE PARTNERSHIPSPUBLIC RESOURCESPUBLIC REVENUESPUBLIC SECTORPUBLIC SECTOR DEFICITPUBLIC SECTOR WAGESREVENUEREVENUE COLLECTIONSAVINGSSOCIAL CAPITALSOCIAL SECTORSOCIAL SECTOR EXPENDITURESSOCIAL SECTORSSOCIAL WELFARESURCHARGESTAXTAX EXEMPTIONSTAX EXPENDITURESTAX INCENTIVESTAX POLICYTAX REVENUESTAXATIONTRANSPORTUNEMPLOYMENTUNEMPLOYMENT RATESUTILITIESWELFARE SYSTEM FISCAL SUSTAINABILITYPOLICY DEVELOPMENTPUBLIC FINANCE MANAGEMENTECONOMIC MANAGEMENTINSTITUTIONAL FRAMEWORKGROSS DOMESTIC PRODUCTPOLITICAL STABILITYFISCAL MANAGEMENTPRIVATE SECTORSUGARTEXTILESWELFARECIVIL SERVICEGOVERNMENT EXPENDITURESEXPORT MARKETSINVESTMENTSSOCIAL SECTORSBUDGET MANAGEMENTFISCAL DEFICITSWorld Bank10.1596/15688